0001085146-15-002199.txt : 20151110 0001085146-15-002199.hdr.sgml : 20151110 20151109163232 ACCESSION NUMBER: 0001085146-15-002199 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150930 FILED AS OF DATE: 20151109 DATE AS OF CHANGE: 20151109 EFFECTIVENESS DATE: 20151109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Forward Management, LLC CENTRAL INDEX KEY: 0001385864 IRS NUMBER: 943310130 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12088 FILM NUMBER: 151216116 BUSINESS ADDRESS: STREET 1: 101 CALIFORNIA STREET, 16TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 415-869-6300 MAIL ADDRESS: STREET 1: 101 CALIFORNIA STREET, 16TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94111 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001385864 XXXXXXXX 09-30-2015 09-30-2015 Forward Management, LLC

101 CALIFORNIA STREET, 16TH FLOOR SAN FRANCISCO CA 94111

13F COMBINATION REPORT 028-12088 0001095952 028-06435 BROADMARK ASSET MANAGEMENT LLC 0001291274 028-11664 PICTET ASSET MANAGEMENT LTD N Robert S. Naka 415 869-6300 /s/ Robert S. Naka San Francisco CA 11-06-2015 0 266 1242602 false INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M COCOM88579Y101259618315SHSOLE 1831500ALEXANDER & BALDWIN INC NEWCOM014491104170549690SHSOLE 4969000ALEXANDRIA REAL ESTATE EQ INCOM0152711096317450SHSOLE 745000ALPINE GLOBAL DYNAMIC DIVD FCOM NEW02082E2052225SHSOLE 22500ALPINE TOTAL DYNAMIC DIVID FCOM SH BEN INT N0210602072240SHSOLE 24000AMBEV SASPONSORED ADR02319V10353831098445SHSOLE 109844500AMERICAN ASSETS TR INCCOM0240131044417108098SHSOLE 10809800AMERICAN CAMPUS CMNTYS INCCOM024835100145440122SHSOLE 4012200AMERICAN EXPRESS COCOM0258161095837859SHSOLE 785900AMERICAN HOMES 4 RENTCL A02665T3069391584000SHSOLE 58400000AMERICAN RESIDENTIAL PPTYS ICOM02927E303200331160000SHSOLE 116000000AMERICAN TOWER CORP NEWCOM03027X100138115700SHSOLE 1570000AMERICAN WTR WKS CO INC NEWCOM030420103158628800SHSOLE 2880000ARBOR RLTY TR INCCOM0389231081149180670SHSOLE 18067000ARES COML REAL ESTATE CORPCOM04013V1086895575000SHSOLE 57500000ARMADA HOFFLER PPTYS INCCOM04208T1084033412775SHSOLE 41277500ARTISAN PARTNERS ASSET MGMTCL A04316A10838610970SHSOLE 1097000ASHFORD HOSPITALITY TR INC9% CUM PFD SER E04410350513113510035SHSOLE 51003500AT&T INCCOM00206R10248915000SHSOLE 1500000AUTOMATIC DATA PROCESSING INCOM05301510397612145SHSOLE 1214500AVALONBAY CMNTYS INCCOM053484101257714739SHSOLE 1473900BANKUNITED INCCOM06652K10374120715SHSOLE 2071500BECTON DICKINSON & COCOM07588710910968261SHSOLE 826100BELMOND LTDCL AG1154H10760760000SHSOLE 6000000BIOMED REALTY TRUST INCCOM09063H10712455623350SHSOLE 62335000BLACKROCK INCCOM09247X10117285808SHSOLE 580800BLUEROCK RESIDENT GR REIT INCOM CL A09627J10270759000SHSOLE 5900000BOSTON PROPERTIES INCCOM101121101461238945SHSOLE 3894500BRANDYWINE RLTY TRSH BEN INT NEW1053682031245101100SHSOLE 10110000BRIXMOR PPTY GROUP INCCOM11120U105218793135SHSOLE 9313500BROADRIDGE FINL SOLUTIONS INCOM11133T10369612573SHSOLE 1257300BT GROUP PLCADR05577E101121118992SHSOLE 1899200CADIZ INCCOM NEW12753720742558596SHSOLE 5859600CALIFORNIA WTR SVC GROUPCOM130788102129858700SHSOLE 5870000CALUMET SPECIALTY PRODS PTNRUT LTD PARTNER13147610360725000SHSOLE 2500000CAMPUS CREST CMNTYS INCCOM13466Y105212503994331SHSOLE 399433100CANADIAN SOLAR INCCOM13663510966039735SHSOLE 3973500CARDINAL HEALTH INCCOM14149Y108251932791SHSOLE 3279100CARE CAP PPTYS INCCOM14162410641112482SHSOLE 1248200CASEYS GEN STORES INCCOM1475281039319039SHSOLE 903900CATALENT INCCOM14880610238215715SHSOLE 1571500CBOE HLDGS INCCOM12503M10870710534SHSOLE 1053400CDK GLOBAL INCCOM12508E1011402934SHSOLE 293400CECO ENVIRONMENTAL CORPCOM125141101283416SHSOLE 341600CEDAR REALTY TRUST INCCOM NEW15060220937360000SHSOLE 6000000CHATHAM LODGING TRCOM16208T102402841875400SHSOLE 187540000CHEVRON CORP NEWCOM166764100131416664SHSOLE 1666400CHINA YUCHAI INTL LTDCOMG210821056260491970SHSOLE 49197000CLOROX CO DELCOM1890541095294575SHSOLE 457500CME GROUP INCCOM12572Q105167818088SHSOLE 1808800COCA COLA COCOM19121610040510104SHSOLE 1010400COLONY CAP INCCL A19624R106215161100000SHSOLE 110000000COLONY CAP INCCONV PFD-C19624R4038744400000SHSOLE 40000000COMCAST CORP NEWCL A20030N101320656380SHSOLE 5638000CONOCOPHILLIPSCOM20825C104125026081SHSOLE 2608100COOPER COS INCCOM NEW2166484026484352SHSOLE 435200CORE LABORATORIES N VCOMN227171075785787SHSOLE 578700CORENERGY INFRASTRUCTURE TRCOM21870U205663150000SHSOLE 15000000CORENERGY INFRASTRUCTURE TRDEP SHS REPSTG21870U3049096400000SHSOLE 40000000CORENERGY INFRASTRUCTURE TRNOTE 7.000% 6/121870UAA41245114000000SHSOLE 1400000000CORPORATE OFFICE PPTYS TRSH BEN INT22002T108155473899SHSOLE 7389900COSTAMARE INCSHSY1771G10262651000SHSOLE 5100000COSTCO WHSL CORP NEWCOM22160K1054993450SHSOLE 345000COUSINS PPTYS INCCOM222795106950103100SHSOLE 10310000CREDICORP LTDCOMG2519Y108571851669SHSOLE 5166900CVS HEALTH CORPCOM1266501004394550SHSOLE 455000DDR CORPCOM23317H10269245000SHSOLE 4500000DIAMONDROCK HOSPITALITY COCOM25278430132929817SHSOLE 2981700DIGITAL RLTY TR INCCOM253868103232335575SHSOLE 3557500DISNEY WALT COCOM DISNEY2546871063073000SHSOLE 300000DR PEPPER SNAPPLE GROUP INCCOM26138E1095226600SHSOLE 660000DST SYS INC DELCOM2333261077627245SHSOLE 724500EASTGROUP PPTY INCCOM2772761013636700SHSOLE 670000EASTMAN CHEM COCOM27743210075511666SHSOLE 1166600EATON CORP PLCSHSG291831034909550SHSOLE 955000EMERSON ELEC COCOM29101110471116091SHSOLE 1609100ENSTAR GROUP LIMITEDSHSG3075P1016674441SHSOLE 444100EPR PPTYSCONV PFD 9% SR E26884U30719716644101SHSOLE 64410100EPR PPTYSPFD C CNV 5.75%26884U2085511248700SHSOLE 24870000EQUITY ONECOM294752100106843897SHSOLE 4389700EQUITY RESIDENTIALSH BEN INT29476L107300640017SHSOLE 4001700EVERCORE PARTNERS INCCLASS A29977A10553410620SHSOLE 1062000EXPONENT INCCOM30214U10265914791SHSOLE 1479100EXTRA SPACE STORAGE INCCOM30225T1022523272SHSOLE 327200EXXON MOBIL CORPCOM30231G10232423SHSOLE 42300FARMLAND PARTNERS INCCOM31154R1091575150000SHSOLE 15000000FBR & COCOM NEW30247C40024712084SHSOLE 1208400FCB FINL HLDGS INCCL A30255G10361418835SHSOLE 1883500FEDERAL REALTY INVT TRSH BEN INT NEW313747206151911135SHSOLE 1113500FELCOR LODGING TR INCCOM31430F101780110339SHSOLE 11033900FELCOR LODGING TR INCPFD CV A $1.9531430F200271701094238SHSOLE 109423800FIFTH THIRD BANCORPCOM31677310053428259SHSOLE 2825900FIRST POTOMAC RLTY TRCOM33610F109103694197SHSOLE 9419700FOMENTO ECONOMICO MEXICANO SSPON ADR UNITS344419106456951185SHSOLE 5118500FOREST CITY ENTERPRISES INCCL A34555010757228400SHSOLE 2840000FRANKLIN STREET PPTYS CORPCOM35471R106413813849400SHSOLE 384940000GENERAL DYNAMICS CORPCOM36955010811618413SHSOLE 841300GENERAL GROWTH PPTYS INC NEWCOM370023103138453300SHSOLE 5330000GENESIS HEALTHCARE INCCL A COM37185X1062650432279SHSOLE 43227900GENTHERM INCCOM37253A10363814220SHSOLE 1422000GLOBAL X FDSMSCI PAKISTAN37950E68957035940SHSOLE 3594000GRANITE REAL ESTATE INVT TRUNIT 99/99/999938743711441114600SHSOLE 1460000GREAT AJAX CORPCOM38983D3002474200000SHSOLE 20000000GREEN BANCORP INCCOM39260X10062754680SHSOLE 5468000GREENHUNTER RES INCCOM39530A1047252416697SHSOLE 241669700HCP INCCOM40414L109232162293SHSOLE 6229300HENRY JACK & ASSOC INCCOM4262811013595160SHSOLE 516000HMS HLDGS CORPCOM40425J1012180SHSOLE 18000HOEGH LNG PARTNERS LPCOM UNIT LTDY3262R10068442100SHSOLE 4210000HOME DEPOT INCCOM4370761024043500SHSOLE 350000HOME PROPERTIES INCCOM4373061033294408SHSOLE 440800HOST HOTELS & RESORTS INCCOM44107P1043040192232SHSOLE 19223200HOWARD HUGHES CORPCOM44267D1077956930SHSOLE 693000HSBC HLDGS PLCSPON ADR NEW4042804065726151163SHSOLE 15116300HUDSON PAC PPTYS INCCOM44409710950517546SHSOLE 1754600INDEPENDENCE RLTY TR INCCOM45378A1064363605143SHSOLE 60514300INGREDION INCCOM457187102555SHSOLE 5500INVESCO LTDSHSG491BT10866121177SHSOLE 2117700INVESTORS REAL ESTATE TRSH BEN INT4617301031226158495SHSOLE 15849500ISHARESMSCI FRNTR100ETF464286145176170050SHSOLE 7005000ISHARESMSCI TAIWAN ETF46428673183659690SHSOLE 5969000ISHARESMSCI TURKEY ETF4642867159250SHSOLE 25000ISHARES TRCORE MSCITOTAL46432F83441846SHSOLE 84600ISHARES TRCORE S&P SCP ETF46428780443404SHSOLE 40400ISHARES TREUROPE ETF46428786111275SHSOLE 27500ISHARES TRGOV/CRED BD ETF46428859682725SHSOLE 72500ISHARES TRINTERM CR BD ETF464288638360133166SHSOLE 3316600ISHARES TRMBS ETF464288588122511169SHSOLE 1116900ISHARES TRMSCI ACWI EX US4642882406495147610SHSOLE 14761000ISHARES TRNAT AMT FREE BD46428841429265SHSOLE 26500ISHARES TRRUSSELL 3000 ETF464287689257422600SHSOLE 2260000JOHN BEAN TECHNOLOGIES CORPCOM47783910489023269SHSOLE 2326900JOHNSON & JOHNSONCOM478160104119112760SHSOLE 1276000JPMORGAN CHASE & COCOM46625H100226437126SHSOLE 3712600KELLOGG COCOM4878361084667000SHSOLE 700000KIMCO RLTY CORPCOM49446R109119248800SHSOLE 4880000KITE RLTY GROUP TRCOM NEW49803T30014286600000SHSOLE 60000000KKR & CO L P DELCOM UNITS48248M1021156850SHSOLE 685000KLA-TENCOR CORPCOM482480100163132624SHSOLE 3262400KOHLS CORPCOM5002551041854000SHSOLE 400000KROGER COCOM5010441013259000SHSOLE 900000LADDER CAP CORPCL A5057431049666675000SHSOLE 67500000LEXINGTON REALTY TRUSTCOM5290431012326287190SHSOLE 28719000LEXINGTON REALTY TRUSTPFD CONV SER C52904330914425303428SHSOLE 30342800LIBERTY PPTY TRSH BEN INT531172104246478200SHSOLE 7820000LITTELFUSE INCCOM5370081048859710SHSOLE 971000LLOYDS BANKING GROUP PLCSPONSORED ADR5394391093086671199SHSOLE 67119900LOCKHEED MARTIN CORPCOM539830109104500SHSOLE 50000MACERICH COCOM554382101151519725SHSOLE 1972500MACK CALI RLTY CORPCOM554489104191701015300SHSOLE 101530000MACQUARIE INFRASTRUCTURE CORCOM55608B105138718580SHSOLE 1858000MARINE HARVEST ASASPONSORED ADR56824R2054286339412SHSOLE 33941200MARKET VECTORS ETF TRVIETNAM ETF57060U7613901235188SHSOLE 23518800MCDONALDS CORPCOM5801351011901937SHSOLE 193700METLIFE INCCOM59156R10873815661SHSOLE 1566100MICROCHIP TECHNOLOGY INCCOM59501710453912519SHSOLE 1251900MICROSOFT CORPCOM594918104191743317SHSOLE 4331700MITSUBISHI UFJ FINL GROUP INSPONSORED ADR6068221043001492901SHSOLE 49290100MOBILE TELESYSTEMS PJSCSPONSORED ADR6074091091102152621SHSOLE 15262100MONMOUTH REAL ESTATE INVT COCL A609720107120901240000SHSOLE 124000000MONRO MUFFLER BRAKE INCCOM6102361013905780SHSOLE 578000NATIONAL HEALTH INVS INCCOM63633D1042864969SHSOLE 496900NATIONAL STORAGE AFFILIATESCOM SHS BEN IN637870106296222186100SHSOLE 218610000NEENAH PAPER INCCOM64007910997316691SHSOLE 1669100NEW JERSEY RESCOM64602510613426SHSOLE 42600NEW YORK REIT INCCOM64976L1091749173850SHSOLE 17385000NORDIC AMERICAN TANKERS LIMICOMG6577310673948600SHSOLE 4860000NORDSON CORPCOM6556631024867726SHSOLE 772600NORFOLK SOUTHERN CORPCOM655844108110614475SHSOLE 1447500NORTHSTAR RLTY FIN CORPCOM NEW66704R70474160000SHSOLE 6000000NOVARTIS A GSPONSORED ADR66987V109740780578SHSOLE 8057800OMNICOM GROUP INCCOM6819191064056144SHSOLE 614400OWENS CORNING NEWCOM69074210150712104SHSOLE 1210400PARAMOUNT GROUP INCCOM69924R108101560400SHSOLE 6040000PARKWAY PPTYS INCCOM70159Q1041617103901SHSOLE 10390100PATTERN ENERGY GROUP INCCL A70338P10043022500SHSOLE 2250000PEAK RESORTS INCCOM70469L10089411297571SHSOLE 129757100PEPSICO INCCOM7134481087477925SHSOLE 792500PERFORMANCE SPORTS GROUP LTDCOM71377G10040830390SHSOLE 3039000PFIZER INCCOM717081103268585477SHSOLE 8547700PHILLIPS 66COM718546104111114449SHSOLE 1444900PIMCO ETF TRENHAN SHRT MA AC72201R83315150SHSOLE 15000POOL CORPORATIONCOM73278L10589212337SHSOLE 1233700POST PPTYS INCCOM7374641072915000SHSOLE 500000PRA HEALTH SCIENCES INCCOM69354M10862916189SHSOLE 1618900PROCTER & GAMBLE COCOM742718109129518010SHSOLE 1801000PROLOGIS INCCOM74340W1034151106712SHSOLE 10671200PROSHARES TRULTSHT REAL EST74348A2442114000SHSOLE 400000PROSHARES TR IIULTRASHRT EURO74347W882112846300SHSOLE 4630000PUBLIC STORAGECOM74460D109283713405SHSOLE 1340500QTS RLTY TR INCCOM CL A74736A1032535783SHSOLE 578300QUALCOMM INCCOM747525103185734548SHSOLE 3454800RAIT FINANCIAL TRUSTCOM NEW749227609783157822SHSOLE 15782200RAMCO-GERSHENSON PPTYS TRPERP PFD-D CV75145260813678245700SHSOLE 24570000RAYMOND JAMES FINANCIAL INCCOM75473010910205SHSOLE 20500RESOURCE CAP CORPCOM NEW76120W70811210000SHSOLE 1000000RESTORATION HARDWARE HLDGS ICOM7612831007598132SHSOLE 813200RETAIL OPPORTUNITY INVTS CORCOM76131N101209231265000SHSOLE 126500000RETAIL PPTYS AMER INCCL A76131V20278055400SHSOLE 5540000REXFORD INDL RLTY INCCOM76169C1001379100000SHSOLE 10000000RLJ LODGING TRCOM74965L10126010300SHSOLE 1030000ROBERT HALF INTL INCCOM77032310365412788SHSOLE 1278800ROYAL DUTCH SHELL PLCSPONS ADR A7802592065849123468SHSOLE 12346800SABRA HEALTH CARE REIT INCCOM78573L106373201609976SHSOLE 160997600SANDERSON FARMS INCCOM8000131042403500SHSOLE 350000SEASPAN CORPSHSY7563810955836400SHSOLE 3640000SELECT INCOME REITCOM SH BEN INT81618T100190101000000SHSOLE 100000000SENIOR HSG PPTYS TRSH BEN INT81721M10996959766SHSOLE 5976600SHAW COMMUNICATIONS INCCL B CONV82028K2002390123178SHSOLE 12317800SILVERCREST ASSET MGMT GROUPCL A8283591091151106566SHSOLE 10656600SIMON PPTY GROUP INC NEWCOM828806109738440193SHSOLE 4019300SL GREEN RLTY CORPCOM78440X101191217675SHSOLE 1767500SOUTH ST CORPCOM84044110992011975SHSOLE 1197500SOVRAN SELF STORAGE INCCOM84610H1084955247SHSOLE 524700SPDR S&P 500 ETF TRTR UNIT78462F10398531514167SHSOLE 2389580275209SPDR SERIES TRUSTBRCLYS 1-3MT ETF78464A6801977004326976SHSOLE 004326976SPIRIT RLTY CAP INC NEWCOM84860W10218320000SHSOLE 2000000STAG INDL INCCOM85254J102341891877500SHSOLE 187750000STANLEY BLACK & DECKER INCCOM854502101108111146SHSOLE 1114600STARWOOD HOTELS&RESORTS WRLDCOM85590A401597689900SHSOLE 8990000STRATEGIC HOTELS & RESORTS ICOM86272T106110380000SHSOLE 8000000SUMMIT HOTEL PPTYSCOM866082100297592550000SHSOLE 255000000SUN HYDRAULICS CORPCOM86694210548917804SHSOLE 1780400SUNCOR ENERGY INC NEWCOM867224107227385033SHSOLE 8503300SUNSTONE HOTEL INVS INC NEWCV 8% CUM PFD-D8678925079323365592SHSOLE 36559200SYNGENTA AGSPONSORED ADR87160A100455SHSOLE 5500TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADR8740391006078292932SHSOLE 29293200TARGA RES CORPCOM87612G10155110700SHSOLE 1070000TARGET CORPCOM87612E1064485700SHSOLE 570000TERRENO RLTY CORPCOM88146M10144622675SHSOLE 2267500TEXAS INSTRS INCCOM882508104113022823SHSOLE 2282300TIME INC NEWCOM887228104452350SHSOLE 235000TIME WARNER INCCOM NEW887317303144421001SHSOLE 2100100U M H PROPERTIES INCCV RED PFD-A90300220216178630000SHSOLE 63000000UBS GROUP AGSHSH420971074267230450SHSOLE 23045000UDR INCCOM90265310463518408SHSOLE 1840800UMPQUA HLDGS CORPCOM9042141035330SHSOLE 33000UNILEVER PLCSPON ADR NEW904767704343684243SHSOLE 8424300UNITED DEV FDG IVCOM91018710335220000SHSOLE 2000000UNITED TECHNOLOGIES CORPCOM913017109135215195SHSOLE 1519500URSTADT BIDDLE PPTYS INCPFD-G CV 6.75%91728680911518450000SHSOLE 45000000US BANCORP DELCOM NEW90297330463015370SHSOLE 1537000US ECOLOGY INCCOM91732J10259713666SHSOLE 1366600VANGUARD SCOTTSDALE FDSINT-TERM CORP92206C870299035000SHSOLE 3500000VANGUARD SCOTTSDALE FDSMORTG-BACK SEC92206C771196136737SHSOLE 3673700VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD92206C409380647750SHSOLE 4775000VANGUARD SCOTTSDALE FDSSHTRM GVT BD ETF92206C1027698125750SHSOLE 12575000VANTIV INCCL A92210H10585719100SHSOLE 1910000VARIAN MED SYS INCCOM92220P1056909343SHSOLE 934300VENTAS INCCOM92276F100245143732SHSOLE 4373200VEREIT INCCOM92339V1005790750000SHSOLE 75000000VERIZON COMMUNICATIONS INCCOM92343V10445510450SHSOLE 1045000VORNADO RLTY TRSH BEN INT929042109272030084SHSOLE 3008400W P CAREY INCCOM92936U10919366335000SHSOLE 33500000WALGREENS BOOTS ALLIANCE INCCOM9314271081912300SHSOLE 230000WAL-MART STORES INCCOM93114210394514581SHSOLE 1458100WELLTOWER INCCOM95040Q104203230000SHSOLE 3000000WEX INCCOM96208T1046777787SHSOLE 778700WEYERHAEUSER COCOM9621661043868141500SHSOLE 14150000WHEELER REAL ESTATE INVT TRCOM9630251011110583917SHSOLE 58391700WILLIAMS COS INC DELCOM969457100380SHSOLE 8000WINTHROP RLTY TRSH BEN INT NEW97639130012774889537SHSOLE 88953700WORLD FUEL SVCS CORPCOM98147510610270SHSOLE 27000WP GLIMCHER INCOM92939N102185501590895SHSOLE 159089500WPP PLC NEWADR92937A102544852365SHSOLE 5236500XOOM CORPCOM98419Q1018325SHSOLE 32500